Himalaya Shipping Ltd. (NYSE:HSHP) Announces — Dividend of $0.03

Himalaya Shipping Ltd. (NYSE:HSHP) announced a — dividend on Thursday, April 11th, Wall Street Journal reports. Shareholders of record on Friday, April 19th will be paid a dividend of 0.03 per share on Friday, May 3rd. The ex-dividend date of this dividend is Thursday, April 18th.

Himalaya Shipping Stock Performance

Shares of NYSE HSHP opened at $7.79 on Wednesday. Himalaya Shipping has a 12 month low of $4.30 and a 12 month high of $8.54. The company has a 50 day simple moving average of $7.77 and a two-hundred day simple moving average of $6.50.

Institutional Trading of Himalaya Shipping

Institutional investors and hedge funds have recently bought and sold shares of the business. California State Teachers Retirement System lifted its stake in Himalaya Shipping by 141.1% during the 4th quarter. California State Teachers Retirement System now owns 4,643 shares of the company’s stock valued at $31,000 after acquiring an additional 2,717 shares during the period. Citigroup Inc. acquired a new stake in Himalaya Shipping during the 1st quarter valued at approximately $33,000. Wells Fargo & Company MN acquired a new position in shares of Himalaya Shipping in the 2nd quarter valued at $58,000. The Manufacturers Life Insurance Company acquired a new position in shares of Himalaya Shipping in the 2nd quarter valued at $67,000. Finally, MetLife Investment Management LLC acquired a new position in shares of Himalaya Shipping in the 2nd quarter valued at $86,000. 22.33% of the stock is currently owned by institutional investors and hedge funds.

About Himalaya Shipping

Himalaya Shipping Ltd. provides dry bulk shipping services worldwide. The company operates a fleet of vessels. It serves major commodity trading, commodity and energy transition, and multi-modal transport companies. Himalaya Shipping Ltd. was incorporated in 2021 and is based in Hamilton, Bermuda.